The ports-to-energy conglomerate is investing $600 million on data centres and will take on both established and new players.
On 4 November last year, the Adani group opened its first data centre in Chennai. It plans to open six more in the next three years, and many more in the course of a decade, taking its capacity to 1 gigawatt by 2030.
These are ambitious plans for a group that has till now focused its energies on commodities and infrastructure. Data centres—large facilities a company uses to house its own servers or rents out to clients, and whose capacity is measured in terms of the power they consume—require large investments on hardware, land and technology. Besides, they are power …
Advait is a financial journalist and a former writer at The Morning Context. Here, he wrote on India’s banks, the wider financial services industry and the fintech ecosystem. He has previously worked with the Economic and Political Weekly, Business Standard, BloombergQuint and MediaNama, where he covered everything from the Reserve Bank of India to fintech policy.
Writer
advait@mailtmc.com
Mumbai